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Lesson for Fed: Rate Increases Are Fickle

In the seven years since the world’s central banks responded to the financial crisis by slashing interest rates, more than a dozen in advanced economies have tried to move rates back up—but not a single one has been able to keep them there.

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This entry was posted on Sunday, September 13th, 2015 at 2:42 pm and is filed under BUSINESS. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.